How long have you been in the mortgage business and what inspired you to get into it?
15 Years in the business. I followed my brother's footsteps into the business.
Who is your typical customer and what questions do they typically have?
Most of my customers are first time homebuyers. However, I have assisted many people buy up, downsize, and purchase second homes.
They have all sorts of questions, there are no silly questions.
What specific steps do you use to help your customers find the best home loan for them?
It is difficult to plow ahead, we try to identify life changing events. Credit and underwriting also factor into which product would be best. During the pre-approval stage, we identify any potential red flags.
How long have you been in the mortgage business? What awards have you won?
I have been in the mortgage business for 15 years and have been a 5 star mortgage professional since 2011.
What are the pros and cons of a fixed rate mortgage versus an adjustable rate mortgage (ARM)?
The most important part of locking in on a mortgage program is planning. However, life changing events will make it difficult to plan for an extended period of time. If in doubt, I recommend a 30 year fixed because you may one day buy another home and decide to rent out your starter home. If you know a life changing event is eminent, then you may consider an ARM.
Tell us about a specific challenging borrowing situation and how you got the mortgage closed and funded.
I identify any challenges at the time of pre-approval. However, there have been times when customers secured new credit, even after being told not to do so. In other instances things happened out of customers control. No matter the circumstance, I have been able to guide the borrower through the process with sound advice.
What advice would you give new or first time home buyers?
Get an all star team together. If your real estate agent and mortgage professional are solid, all else will fall into place.
Tell us about a mortgage product that consumers may not be aware of?
FHA is not always the best answer for first time homebuyers. Conventional products offer 5% down and in some cases 3% down with income limits.
How has the mortgage industry changed since you started, and what would you expect in the future?
I believe the mortgage industry has changed more between 2010-2015, then in the previous 30+ years combined. I expect we see some minor retraction on regulation and less strict underwriting guidelines.
What part of the home loan process do customers find most difficult and how do you help them through it?
Documenting income and assets. With transfersafe and our knowledgeable team of professionals, we only ask for what we need to document. We will explain what documentation is needed and why we need to document it.
What are the top 3 misconceptions people have about the home loan process?
1. Time is on your side - in actuality, the clock keeps ticking and there are deadlines, dates, and locks that are time sensitive.
2. All lenders offer the same products and rates - they don't and it pays to do your research.
3. You save money by not using a real estate agent - it pays to have your home priced by a knowledgeable real estate agent and your offer should reflect the current market. Time saves money.
What 2 or 3 mobile apps would you recommend for home buyers or house hunters, and why? What Smart Apps do you recommend your customers use for the house hunting process?
The GR application to review payments and the Realtor.com application.
What resources could you recommend that borrowers use to learn more about the mortgage process and how to ensure a successful home closing?
An all star team, real estate agent and mortgage professional, to guide you through the process.
What can borrowers do to ensure a smooth mortgage underwriting process?
Provide requested documentation timely.
Are you active in any local associations or community groups, and at what level? What goals and/or success have you helped these groups achieve?
I have been involved in many associations and groups in the past. At this time I am professionally dedicated to my customers and personally dedicated to my family.
Are you active in any fundraising organizations? What goals and/or success have you helped them achieve?
I am not currently involved as a leader of any organization. My family and I donate to causes that we personally believe in.
Summary of where you grew up: family, affiliations, college, high school, etc.
I was born and raised in Haddon Twp, NJ and graduated Haddon Twp. HS in 1996. I graduated Rutgers College in 2000 and currently reside in Haddon Twp.
What provides you with the most satisfaction in your job as a Loan Officer?
Helping people buy a home, whether it be their first, the home of their dreams, or a second home, it is rewarding to be a part of someone's personal goal.
What do you enjoy doing most in your spare time when you are not helping people with their home loans?
Cooking, fishing, and having fun with my family and friends.
Tell us something that makes you unique or something wacky, yet interesting about you?
I love the Rolling Stones and have moves like Jagger!